Arla’s price for conventional milk will remain unchanged in December at 32.30 pence for the conventional manufacturing litre.
Commenting on the reason behind the decision to hold the price for December, Johnnie Russell, Arla Foods amba board director, said: “Commodity market prices have continued to fall over recent weeks, in particular European yellow cheese markets.
“Skimmed milk powder continues to trade at below intervention prices although there is some short-term stability in the run up to Christmas.”
The head of Arla Foods has urged the government to publish its future plans for agriculture in the UK through a parliamentary bill "at the earliest opportunity early next year".
The challenges and opportunities facing the dairy industry over Brexit were highlighted at the International Dairy Federation’s (IDF) World Dairy Summit on 31 October.
Speaking at the IDF Summit in Belfast, Tomas Pietrangeli, UK managing director of Arla Foods, said the industry was facing 'the biggest seismic change in the political and financial landscape in our lifetime'.
He said the end of free trade is a "major risk" for the British dairy industry.
"In order to protect the health of the dairy industry in the UK we need to have tariff-free and barrier free trading conditions. We are a business and an industry that make a significant contribution to the dairy industry and the wider UK economy," Mr Pietrangeli said.
